“I just kind of feel like the time has come for us to sort of step back and laugh at ourselves a little bit,” Stephens says. “I think we’ve gotten to the point where we don’t have to take ourselves too seriously. That being said, there are people that think this movie will give gay people a bad name and that it’s a step backwards.”

The potential offenses are many, including a sexual escapade with a leatherman (played with cheeky aplomb by Graham Norton) and his gargantuan tool, an enema gone wildly awry and, most audaciously, a hookup, so to speak, involving a quiche and a rodent (no gerbils were harmed in the making of this film).

But AGM may also be seen as a breakthrough in gay cinema. The teens here are as out and proud as gay teens today should be, and like their heterosexual counterparts, they’re just dying to get laid.

In another bold move, Stephens pays tribute to actors with the courage to be openly gay (still no easy feat in Hollywood) by generously sprinkling his film with cameos from out celebs, including the aforementioned Norton as well as Kids in the Hall alum Scott Thompson and drag personality Lypsinka as befuddled parents (hilariously re-creating Eugene Levy and Molly Cheek à la Pie), porn star Matthew Rush as a ready-to-play circuit queen and Survivor-turned-convict Richard Hatch as himself.

While the star appearances lend the film a glossy Hollywood sheen, unlike crossover darlings such as Brokeback Mountain, no attempts are made to include straight audiences. “As much as I’d like to welcome everyone to the party, I made the film mainly for gay people,” Stephens says. “First and foremost, I wanted to satisfy the core audience and not hold back anything.”

Satisfaction, at least for our libidos, is almost guaranteed, and Stephens should be given credit for positioning AGM as a parody of soft-core teen fluff like Porky’s. By doing so he gives viewers permission to indulge in watching horned-up twinkalicious studs run around in the buff (so much so that the film will be distributed without a rating), while at the same time letting audiences feel like they’re taking part in a highbrow joke.

But teen films aren’t the only targets, and aficianoados of queer films will find clever nods to gay cinema such as Broken Hearts Club and Get Real. In one of the film’s best parodies, a character comes out to his mother. The scene is a line-by-line rip-off of indie favorite Edge of Seventeen, a film that Stephens himself wrote.

But by the film’s racy climax (pun intended), Stephens just hopes everyone appreciates the joke. “Ultimately what I was trying to do was make people laugh. I never expected it to play at the mall, although that would be kind of fun.”

Another Gay Movie opens Friday 11.